The Most Affordable Neighborhoods in Old Hickory, TN by Home Value

 

Old Hickory, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Old Hickory area can be challenging. Home prices in Old Hickory are now at a median cost of $373,493, higher than the Tennessee average of $315,131.

The average cost of rent is $1,459/mo in Old Hickory, primarily driven by the current value of real estate in the Old Hickory area. In Old Hickory, 21.66% of households rent, and 28.83% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Old Hickory is $7,687 per month. Households that rent pay about 18.98% of their income on rent here. Old Hickory’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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